Radian Group (NYSE:RDN) is set to release its earnings data before the market opens on Wednesday, January 24th. Analysts expect Radian Group to post earnings of $0.45 per share for the quarter.

Radian Group (NYSE:RDN) last announced its quarterly earnings results on Thursday, October 26th. The insurance provider reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.04. The company had revenue of $312.05 million for the quarter, compared to the consensus estimate of $321.10 million. Radian Group had a net margin of 14.88% and a return on equity of 12.99%. Radian Group’s revenue for the quarter was down 2.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.41 EPS. On average, analysts expect Radian Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of Radian Group (NYSE:RDN) opened at $22.13 on Wednesday. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.34. The stock has a market cap of $4,770.00, a price-to-earnings ratio of 28.01, a price-to-earnings-growth ratio of 1.92 and a beta of 1.57. Radian Group has a fifty-two week low of $15.58 and a fifty-two week high of $22.82.

A number of brokerages have issued reports on RDN. Deutsche Bank upgraded shares of Radian Group from a “hold” rating to a “buy” rating and lifted their price target for the company from $24.00 to $28.00 in a report on Monday, January 8th. ValuEngine downgraded shares of Radian Group from a “strong-buy” rating to a “buy” rating in a report on Wednesday, January 10th. B. Riley downgraded shares of Radian Group from a “buy” rating to a “neutral” rating and set a $22.00 target price on the stock. in a report on Thursday, January 4th. Wells Fargo & Co initiated coverage on shares of Radian Group in a report on Tuesday, November 28th. They issued a “market perform” rating and a $22.00 target price on the stock. Finally, Zacks Investment Research upgraded shares of Radian Group from a “hold” rating to a “strong-buy” rating and set a $24.00 target price on the stock in a report on Thursday, January 4th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $23.89.

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About Radian Group

Radian Group Inc is an insurance holding company that provides mortgage insurance, and products and services to the real estate and mortgage finance industries. The Company operates in two segments: Mortgage Insurance and Services. The Mortgage Insurance segment provides credit-related insurance coverage, principally through private mortgage insurance to mortgage lending institutions.

Earnings History for Radian Group (NYSE:RDN)

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